Beverages

PepsiCo Joins Major US Companies In Tweaking DEI Policies

PepsiCo has joined the growing list of major US companies that are making changes to their diversity, equity and inclusion programmes.

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Top Taste Trends For Food And Drink In 2025

ESM explores what the major taste trends in food and drink for 2025.

Constellation Brands Trims Annual Sales Forecast

Constellation Brands cut its annual sales forecast as persistently sticky inflation dents consumer spending on beers, wines and spirits.

Q-Commerce Shoppers Opt For Smaller Basket Sizes, Notes DIA

Quick commerce shoppers in Spain purchase baskets of smaller volume and value but shop on a weekly basis, an analysis showed.

Nestlé To Boost Marketing, Cut Costs By $2.8bn Under CEO Freixe

Nestlé will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and carve out its water and premium drinks businesses into...

European Consumers Spend €888bn On Food And Drink

Europeans spent €888 billion on food and beverages in the past year, with 37% of that dedicated to 'immediate consumption' options across both retail...

Brazilian Brewer Ambev Profit Slides 11% On Higher Tax Provisions

Brazilian brewer Ambev reported an 11% drop in third-quarter net profit on Thursday, hurt by higher tax provisions in its home market, pushing its shares d...